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20121101
20121130
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of jerusalem. frightening for israel, responding with a fierce air assault and troops in armored vehicles on the gaza border. at home, president obama is pressing conference to approve legislation to avoid going over the so-called fiscal cliff. he met with congressional leaders yesterday and said the meeting was constructive. if lawmakers can't make a deal by the new year, taxes will go up and there will be a massive spending cut. and republicans say failure to act not an option. thanks for joining us fox news channel. more headlines, 30 minutes away and now, back to bulls and bears, i'm jamie colby. >> oil spiking here in the u.s. as missiles are flying in the holy land. now some arab leaders, threatening to use oil as a weapon against the u.s. and the battle between israelis in gaza already spilling over here. absolutely, brenda, we've seen oil prices rise. and here is a difference between this and other middle east conflicts and this involves israel at this point and of course we are a little and firm ally of israel, it becomes not a fight against israel, it becomes a fight, if you ext
conflicts and this involves israel at this point and of course we are a little and firm ally of israel, it becomes not a fight against israel, it becomes a fight, if you extrapolate against israel and allies, what best way to fight if you're an arab leader to cut off or raise oil prices and that's the problem and that's why this is different and potentially devastating to our gas prices here. >> in fact, toby, we saw the iraq envoy say something to that effect. are you buying in? >> well, they did, and let's also bear in mind, that, both iraq, iran, and any of the people who are saying that we are going to use oil as a weapon are as desperately in need of every dollar into their economy, it may look good on their television, and say that we're going to use oil as a weapon, but economically the only weapon they have is it cash, and they get cash by selling their gas. and a spike if israel invades no question, but these guys have to sell oil. >> brenda: well, gary k, we see oil go up and then see gas go up. isn't that the usual relationship? >> yes, every dollar that goes higher is billi
Search Results 0 to 3 of about 4 (some duplicates have been removed)